Deliveroo: From startup to mega stock market launch - News Summed Up

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Deliveroo: From startup to mega stock market launch


Deliveroo, the app-driven meals delivery company that debuts Wednesday on the London stock market, has enjoyed a dazzling ride in its short history but faces questions over its sustainability. The stock market launch has raised questions about the sustainability of Deliveroo's business model, which is based on using self-employed riders. Deliveroo, the app-driven meals delivery company that debuts Wednesday on the London stock market, has enjoyed a dazzling ride in its short history but faces questions over its sustainability. Amazon's own entry into the meals delivery market in 2016 lasted only two years. Business modelThe stock market launch has raised questions about the sustainability of Deliveroo's business model, which is based on using self-employed riders.


Source: News 24 March 31, 2021 04:30 UTC



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